(AFX UK Focus) 2007-01-23 08:40 GMT: UK smallcap opening - Imperial Energy advances on oil reserves upgrade
(Interactive Investor: Tue, 23 Jan) LONDON (AFX) - Imperial Energy Corporation advanced 38 to 675 as traders warmed to the oil company's disclosure of a 41 pct increase in its independently reported 2P reserves. This results from further analysis by DeGolyer and MacNaughton of the company's interest in the Kiev-Eganskoye Field, Block 80, Tomsk region, Western Siberia.

Iran seeking new technology to improve oil ROR
(IranMania.com: Tue, 23 Jan) LONDON, January 23 (IranMania) - Iran is seeking to attain new technologies to improve the rate of recovery (ROR) from oil reserves, an official with the National Iranian Oil Company (NIOC) said, MNA reported.

Gazprom, Rosneft to Control Russia's Offshore Reserves
(Rigzone: Mon, 22 Jan) Russia is to give control of all offshore oil and gas reserves to just two companies, state-controlled Gazprom and Rosneft, limiting foreign ownership, the Vedomosti daily said.

Raymond J. Learsy: Taking a Page From John D. Rockefeller- Foreclosing America's Energy Security
(Agenda Part VIII: Tue, 23 Jan) Our energy neck is in a tightening noose. Between 75 percent and 90 percent of the world's oil and gas reserves are held by national oil companies that are partially or fully controlled by their governments. As such, the distribution and marketing of oil has become so highly politicized as to cripple the power of market forces to assure access and security of supply. What must we do to ...